title Transfer?

TruckerPete, I did a little digging. Here is the relevant AR code http://law.justia.com/codes/arkansa...-5/chapter-52/subchapter-4/section-26-52-436/ It appears to me that you are required to pay sales tax of 6% on the first $9,150 of a class 8 truck purchase. Or $549. What other fees are associated with title transfer I do not know.

26-52-436. Certain classes of trucks or trailers.

(a) As used in this section:

(1) "Person" means a natural person who resided in this state at the time of purchasing a truck tractor or semitrailer in this state;

(2) "Semitrailer" means every vehicle with or without motive power, including a pole trailer, drawn by a truck tractor or a Class Six or Class Seven truck as defined by § 27-14-601(a)(3)(F) and (G) that is registered with the International Registration Plan to be engaged in interstate commerce and designed for carrying property; and

(3) (A) "Truck tractor" means a motor vehicle:

(i) Designed and used primarily for drawing other vehicles and not so constructed as to carry a load other than a part of the weight of the vehicle and load so drawn; and

(ii) Registered as a:

(a) Class Five or Class Eight truck as defined by § 27-14-601(a)(3); or

(b) Class Six or Class Seven truck as defined by § 27-14-601(a)(3)(F) and (G) that is not registered with the International Registration Plan to be engaged in interstate commerce.

(B) "Truck tractor" does not include a Class Six or Class Seven truck as defined by § 27-14-601(a)(3)(F) and (G) that is registered with the International Registration Plan to be engaged in interstate commerce.

(b) Except as provided in subsections (d) and (e) of this section, the gross receipts or gross proceeds in excess of nine thousand one hundred fifty dollars ($ 9,150) derived from the sale of a new or used truck tractor in this state are exempt from the Arkansas gross receipts tax levied by this chapter.

(c) The gross receipts or gross proceeds derived from the sale of a new or used semitrailer in this state are exempt from the Arkansas gross receipts tax levied by this chapter.

(d) The gross receipts or gross proceeds derived from the sale in this state of a new or used Class Six or Class Seven truck as defined by § 27-14-601(a)(3)(F) and (G) that is registered with the International Registration Plan to be engaged in interstate commerce are exempt from the Arkansas gross receipts tax levied by this chapter.

(e) The exemption under subsection (b) of this section does not apply to gross receipts taxes levied by any Arkansas city, town, or county.

 

I bet you were. Glad it worked out for you

 

Get used to un expected surprises being an O/O. Everybody thinks they are rolling in the cash.

Good luck.

 

Cali DMV tried to do the same thing to me. She said $4500 please, I said I want to speak to your supervisor. You would have thought I called her the see word, lol she said she *was* the supervisor. She gave me a new number and said go sit.... I get called up to some lowly clerky type person and explain all over again what I need to do, she says "$18 bucks please" Thank You

 

they can get your plates, yah. But you still have to transfer the title right ?

 

There maybe other charges added: unpaid tickets, unpaid property tax. Call & get a breakdown to the charges.

 

I am not sure if I understand correctly. I bought a truck in MO, when I go to my local secretary of state, aka DMV, I do not have to pay sales tax on the price, which is written on the bill of sale? I want to register the truck under my newly opened company and I am getting my own authority